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Search Results 0 to 49 of about 100 (some duplicates have been removed)
in for overall view of yahoo! and how the positive developments fit into the economy. larry i cut you off in mid-sentence so i will go to you first. good news on yahoo! specifically. how does yahoo!'s earnings beat on the earnings sort of set a stage for what is happening in the technology sector at large? is this just part of what you expect? because we also have apple pulling the nasdaq down? >> well, absolutely. you know, if you look at technology, it is always been one of the top three sectors that have always pulled us out of recessions or slowdowns. these companies, apple, google, yahoo!, continue to change the way we receive information and shop online both business appersonally. we feel technology will be here for a long time to come down the road. we like the tech sector very much. cheryl: sam as well has been so patient standing by. since marisa meyer took over the company the stock is up 30%. some are looking for headlines in the report about plans she has specific plans, for this company. sam, we're not seeing that. what type of role is leadership in all of this do you think? >> i th
have a spirit of innovation here in washington that haswe are not done. [applause] a new world economy is emerging from the depths of this recession, and while its contours and relationships are not fully understood to us, we do know two things, one. with our uniquely powerful fusion of values and talents, washington state has the potential to lead the next wave of world-changing innovations. two. the world will not wait for us. global competition for the jobs of tomorrow. leading this next wave of growth entitlement. we must move, swiftly and boldly, to put this recession behind us, and bring forward a unique economic strategy that much." today, i'd like to share my vision of the path ahead. i know that to achieve this vision we must all work together. democrat and republican, house and senate, east and west, to answer the challenges of our age. i have represented both sides of our state, first as a state representative from yakima valley, then in congress representing both eastern and western washington. i want to thank the people of washington for electing me your governor. [applaus
to a better economy. keys to your house, a new house hopefully. connell: let's talk about the markets. nicole petallides starts us off as she does each day with stocks now. nicole: taking a look at a market that really has shown strength over the last seven of the past nine weeks. the dow trading as high as 13,682 prior to pulling back here into negative territory. we are seeing multi- year highs. while they see the trend to the upside, they rally to resist it levels. i wanted to take a look. it was lower in the free market. the cfo, chief financial officer, gave an outlook for 2013. it is now trading higher on this conference call. their wireless margins took a jump. a good outlook. back to you. dagen: thank you. congress is heading back to work just one day after president asked both parties to come together and stand behind his visions. connell: house republicans may be less than willing to join him. rich: so is the bipartisan goodwill. the effects of the inauguration starting to disappear a bit from washington. some tourists remaining in town. we expect them to drop the same lines we have
, republicans seem intent on keeping the country's economy as unstable as possible. the house averted the debt ceiling fight. at least some republicans. 33 members of the house gop still broke rank. by averting, we, of course, mean punting the ticking time bomb three months down the road. >> another 90 days away so we can continue to royle this congress, this country, our people, and our economy. >> we should not even be having a debate. it should be no doubt that the full faith and credit of the united states will be honored, and that is what our constitution says. >> the gimmick nature of this whole thing i won't elaborate on, has been done before. >> either way, the passage of this bill has allowed lawmakers to skip from brinkmanship to probably more brinkmanship. looming just over the horizon is a budget battle that could shut down the government and automatic steep spending cuts that could cost thousands of jobs. welcome to the new normal in washington. joining us now from davos, switzerland, is cnbc's squawk box co-host "new york times" columnist and author of too big to fail, andrew ros
market economy and grow the business in a slow growth world economy. again, reflecting slow growth overall. i think they had strong numbers when it came to agency. some of those numbers up by 18%. volume was driven by agriculture with robust tales in latin america and a strong selling to the north american selling season along with increases in asia pacific for performance materials, electronics and communications and performance chemicals. >> the stock was higher a year and a half ago or so. but in terms of the last year, it's getting -- it's sort of the in the mid point of the trend. coming back, at least trying to get back to where it was earlier. all-time highs are at about 58. >> in corporate headlines, more developments in the boeing story. there are indications now that the dream liner could stay grounded longer than initially anticipated. investigators turning to the maker of the lithium ion batteries that are used in the planes. that is gsyausa. investigators visited the batterymaker yesterday. shares of boeing have started getting to the low end of the range after some ch
'll tell what you, if the economy keeps getting better over the next three years, you've got hillary linton rclin running three years from now, we republicans have such a major headwind in our face for the next three years. it's going to be tough. >> yeah, there's no question. but there's so many variables. >> go ahead. >> no, so many variables that could happen in the next 3 1/2 years. >> yeah. ed sees you making a motion, he stops. >> i was trying to get richard haass in on this. >> she wants some more 'roids. >> andrea, i'm sorry, we cut you off. >> no, there are other points about the politics of it. joe biden is going to be at the white house, in closed meetings with the president today and has had a very high-profile role. clearly, this is the interview that he would have wanted to see. and when you talk to a lot of leading democrats who were in town this weekend, they were saying that joe biden has everything going for him except that hillary clinton is a woman and is a celebrity and has the best popularity. and she has the virtue, after eight years then of barack obama and the obama
, and the economy. without it, things simply can't exist. woman: we have good health in this country, in part, because we have clean water. and we shouldn't forget that, and we shouldn't take it for granted. melosi: in the late 19th century, serious waterborne disease epidemics were having devastating effects. roy: but then, in the early 1900s, we began to treat our water. and since then, we've seen a rapid decline in the incidence of waterborne disease. narrator: most cities treat drinking water through filtration, chlorination, and sometimes ozonation to kill pathogens in the source supply. these are complex treatment plants that cost millions of dollars to operate, but are necessary for our wellbeing. the treatment of drinking water has been called one of the greatest public health achievements of the last century. the water infrastructure itself protects the treated water until it comes out of our taps. it's been since 1911, since we had an outbreak of cholera or typhoid in the united states. but that doesn't mean that it can't happen. it can happen. if we aren't on our guard all the time
. >> thanks so much, bill. we are talking economy and politics with representative eric cantor right now, and representative, great to have you on the program. >> great to be here with you. >> thank you so much for joining us. >> let's get right to t.yesterday or this week rather the house passed a debt limit extension until mid-may. what does that buy us? >> well, what is buys us is a time for this debate about borrowing and spending to really develop into what i hope will be a robust discussion that will yield some results. we know that for almost four years the united states senate has not passed a budget, and that's part of the problem that's been contributing to the out-of-control spending in washington, and what we've said is we will extend the debt ceiling for three months to allow time for the united states senate to write a budget so we can then begin the discussions on how we're going to repay this money that we're going to borrow as well as begin to manage down the debt long term. >> what's the realistic vision in terms of a budget? i mean, this senate will have its budget pla
low, but a guest said, look, washington is going to mess up the economy. the sequestering issue is prevalent, and the debt ceiling debate is going to further erode consumer confidence, people will not spend, and the rally might be in jeopardy. i'm a real basking of hopefulness and positivity. >> thank you so much. the unions, lou dobbs weighs in on dwindling union membership, but to the point, there's a rally holding on, but a rally nonetheless. >> that's right. the s&p right now, which was above 1500, 1502 to be exact a short time ago, back to the levels we saw in 2007. we're trying to hang on to the rally, but thinking the dow was up more than a hundred points, and now it's up 3 dlsh 4 -- 41. >> will the markets hold on despite with what's going on with apple breaking down? clinging to green, approached the 1500 level not seen in years. if we end higher, that's the 7th consecutive day of gains, the longest winning streak in more than six years for the s&p. >> and no longer the apple of wall street's eye. it pummeledded as they posted the fourth most profitable company ever. >>
economy in the world, and you guys are in the thick of it, right? with some areas that were very depressed that are now roaring. >> well, we are really encouraged by the turnaround in california. what we reported this morning is that in the fourth quarter or california house sales increased 80% in the quarter. that's been the slowest market to turn around. but as you know, a very big economic engine in this country. and so for us california means not just our own housing start, activity in our housing operation, but also that's the major market for our west coast saw mills and ultimately for the timberlands on the west coast. >> this morning i was on the "today" show and savannah guthrie, she's fabulous, she asked me, jim, all these companies are making a lot of money but are they doing any hiring? i said not that much. what i should have said is you guys in your transcript today make it very clear you are actually hiring people right now. >> well, we are. and most of the hiring in our company today is in our wood products manufacturing business. so we are putting people back to work, addi
% of the entire budget of government at a time that the world is getting smaller, that our economy depends on its relationship with every other country in the world, that we face a more global market than any time in our history, so not just in my briefings a s at the state department, but in my conversations with business leaders, in my trips to crisis areas, to war zones, to refugee camps, and in some of the poorest countries on earth, i have been reminded of the importance of the work our state department does to protect and advance america's interests and do the job of diplomacy in a dangerous world and particularly, i think, there is more that can be done to advance our economic capacity and interests. in this debate and in every endeavor, i pledge to work very closely with this committee, mr. chairman, mr. ranking member, not just because it would be my responsibility but because i will not be able to do this job effectively, nor will our country get what it needs to out of these initiatives without your involvement and your ideas going forward. so thank you, mr. chairman and members of the
could be the longest u.s. great recession but others warn the economy is still shaky. we're pleased to have him here. welcome. >> thank you, charlie. >> i hear from davos where there a's a lot of smart people, i hear the economy is very fragile. on the other hand they're looking to america to have a good rekonkry. >> we're in a better place than the rest of the world. the euro crisis is not over although it seemed to have been abated. that's going to keep happening. the chinese economy is in bigger trouble than it's been in a long time. so that's worrisome. and so in the u.s., the real problem ultimately is a political problem because our economy is slowly recovering. things are starting to turn around and what could spiral us backward really is if one of these upcoming fights on sequestration or the next debt cellin ceiling, you know, finally causes it to -- >> that is sort of baked in the cake. everybody expects they're going keep kicking it down the road. why, then, do we have a surge in stock market? >> one is that corporate profits are very good. but don't forget, corporate com
to a record high. the nasdaq and the s&p are soaring, as well. this amid positive signs about the economy, housing rebounding, and companies hiring. so is it too late if you want to jump into the stock market? find out what you should do if you've been on the sidelines until now. >>> and speaking of money, we'll tell you why you will have to spend a lot more of it if you are planning to serve chicken wings at your super bowl party next weekend. i hope you're sitting down for that. >> always got nachos. nachos are the go-to snack. >> yeah. that's what we would have at our house. >> or mac and cheese which we'll talk about later on. somebody's making mac and cheese today. >>> then we'll talk about -- just when the deadly flu season seems to be getting better now, a new concern nationwide. it's called the norovirus. what is it, how can you avoid it? we'll get to the bottom of the health threat. >>> notre dame speaking out about the manti te'o fake girlfriend scandal. what the school know, when it -- school knew, where it knew, and why the school didn't go public when it first learn good the
of the american economy, as of late 2012, there have been several civil suits filed against major wall street financial firms, but not a single criminal prosecution. in this edition, we look back at the 2008 financial crisis and the failure of government regulators to prosecute those who might be criminally responsible. later, lehman brothers bankruptcy investigator anton valukas shares his findings on the collapse of the giant investment bank where no senior official has ever faced charges in the biggest bankruptcy in u.s. history. but first we begin with a nine-month 60 minutes investigation looking for wall street cases that might have prosecutorial merit. in december 2011, steve kroft reported on two such cases. we begin with a woman named eileen foster, a former senior executive at countrywide financial, one of the epicenters of the crisis. >> do you believe that there are people at countrywide who belong behind bars? >> yes. >> do you want to give me their names? >> no. >> would you give their names to a grand jury if you were asked? >> yes. >> but eileen foster has never been asked, an
bright spots in the economy. an assault weapons ban is intrawsd on capitol hill. nancy cordes on the bill and its prospects. why is the world's most advanced airliner catching fire? sharyl attkisson investigates. and it came out of the darkness like a ghost-- a giant no one had ever seen alive until now. >> what science fiction writer wouldn't just love it? captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. a lot of americans find it galling that the people who caused a world financial calamity didn't go to jail. they pushed mortgages on to people who couldn't afford them, bundled the doomed mortgages into investments, rated them aaa, aad then sold the worthless packages to investors, including pension funds. remember when the bubble burst? the dow lost more than 5,000 point, 40% of its value. retirement nest eggs were wiped out. nearly 7.5 million americans lost their jobs, and 1.3 million homes were lost to foreclosure. well, today, a woman known for prosecuting terrorists and mobsters was appointed to head the securities and exchange
by superstorm sandy. >> dupont 2013, a cautious year with the slow growth world economy. how worrisome are those comments from the economic bellwether. >> j & j exceeds estimates. the full year forecast a bit below the streets, as investors pay close attention to new ceo alex gorsky. >>> the dow component reporting fourth quarter numbers of 38 cents. that was well below estimates. verizon said the results were impacted by superstorm sandy. we're just getting details now, david, on activations on things like the iphone, 6.2 million, not too shabby. >> the problem was not necessarily activations, carl. the key is simply that margins came in even worse than had been anticipated. this, after the company already guided them down a bit at the consumer electronics show a couple of weeks back. and there, of course, you're talking about operating koose i higher than anticipated. investors may be a little concerned today when you take a look at that chart there. now, listen, to carl's point, they're adding a lot of customers. they're activating a lot of devices. we talk often about the subsidy for the app
and a stable economy as a means to security and stability. i think the concerns are many. the concerns are around africa com in 2008 at a time when africa surpassed the middle east in its supply of oil to the united states and the concern of the u.s. of africa and oil and a vital resource is the true rationale for africacom, as well as countering china in that theater where china is increasing its influence. the concern was heightened before africacom was heightened. concern has grown over time. is there any effort to evaluate africacom? i understand your stepping down as a new commander steps in. there has been a congressional hearing on benghazi, but clearly there is a bigger issue at stake and that is u.s. foreign-policy with regards to africa. thank you. >> thank you. it will not surprise you that i disagree with most of what you said, which is ok here k. we live in a country where you can do that. it is true that the state department has the authority for security assistance matters. some of that 8-9,000,000,000 dollars that is spent in africa does in fact go to security assistanc
of google and ibm. an indication of the strength of the global economy. yes, obviously, the fed is juicing this real, but cash on balance sheets is at record highs. unemployment seems to be stabilizing, and have you nowhere else to go, if you go to cash, what are you making, nothing? >> nothing. >> go to bonds, nothing. >> might as well put it in the mattress. >> exactly. >> watching google there. waiting for those numbers. not out yet. estimates coming down. rich peterson what, role does technology play in this market right now? how important are they? >> it's always the audio. >> in terms of the s&p capital estimates, looking for a 1.4% decline and earnings in the fourth quarter. however, you look at the low point for the earnings decline for the sector we're seeing upturned in the first quarter, second quarter 2013. however, i think, you know, we had a big rise with many m & a deals last year in the sector. investors should not be ignoring the risk out there. so far the s&p 500, so many headwinds out there in terms of what the fed may be raising rates some time. >> okay. so you see tech
if that's possible. the only other thing i would say i think he needs to think about the economy even if it's beginning to recover there's still a problem for the manufacturing base not being here, for are kids not being trained correctly, for getting more jobs that are really good jobs for people here. there's a lot of ideas that have been put forth but they need to be focused in a certain way, the idea if you work hard you really can get ahead in this country just like people did in the old days. >> rose: i want to come back to that. michael. >> there are all sorts of reasons for optimism but since we're talking about history, one cautionary note. lbj at the beginning of 1965 i think bob will confirm this, said to his staff you may think i can do anything. big land lied, big democratic congress. actually i got six months because i'm going to ask members of congress to make sacrifices. they're going to start rebelling and it turns out much what we think was a great society was passed at the very beginning of that term. >> rose: what's the window of opportunity, is it a hundred days
with the economy bad and feeling washington needs to get its act together. >> joe? >> yeah. >> that asks -- that leads me to ask, you know, the group, what happens if within the white house, off of what mark just said, because this will be increasingly popular if the republicans continue to do things like this, what happens if the white house decides to try and pick off specific members of the republican membership in the house and perhaps some republicans in the senate and basically say people like you more now if you come and try and meet us halfway. what happens to this whole ball game if that occurs? >> i actually think the ball game is changing. the front of "the washington post" says that the gop offers respite on debt. "the new york times" also talks about how the republicans have gone ahead and pushed for -- obviously for this three-month extension that we're talking about. and mike, this goes back again to the republican party, not being conservative, not being moderate, but being smart. turning their back on their stupid ways as they set themselves up for punching bags which th
. . >>> here's another sign that the housing market is turning around and the economy is getting better. lowe's is hiring in a big way. the home improvement chain is looking to add 54,000 worker this is spring. most of the jobs are part-time and only last through september, but it's still a job. 9,000 workers will be permanent employees. that's good news. apple stock getting hammered. disappointed by the first quarter earnings and outlook for future growth. so allison, we were talking about it and everything was apple, apple. >> it was going so swimmingly. >> why is everyone suddenly -- i don't know, but a lot of people, why are a lot of people soured on apple? >> it's not a sudden transformation since september. you look at the report card and what it shows is that apple cannibalized itself. people out there wound up buying lower priced apple products instead of higher priced top of the line. they bought the iphone 4s instead of the 5 and the mini instead of the higher priced one. come on. apple recorded record profits and sold 48 million iphones and 23 million ipads and not to mention the 1
sign for the economy. and i'm sure you've seen the frenzy over subway's one-inch short controversy. sandwich lovers aren't too happy. and some filed class action lawsuits claiming the footlong is only 11 inches long. the suit says customers are owed a refund for the portion of the sandwich that they've not been receiving. subway has declined to comment on the lawsuit. a spokesman said the restaurant chain has redoubled the efforts to ensure consistency in every sandwich we have. >>> straight ahead, a super size controversy surrounding the super bowl's superdome. >>> plus, what is this, is it a bird, a plane, a man? we'll tell you. [ male announcer ] ok, here's the way the system works. let's say you pay your guy around 2% to manage your money. that's not much you think. except it's 2% every year. does that make a difference? search "cost of financial advisors" ouch. over time it really adds up. then go to e-trade and find out how much our advice costs. spoiler alert: it's low. really? yes, really. e-trade offers investment advice and guidance from dedicated, professional financial
the difficulties he inherited. the economy in a mess, the wars. now he's out there on his own. we'll have to see how it goes. >> i think it was a very aggressive obama speech. >> he's making a bet that america's turning a corner. if we could show, if i could ask our great folks in the control room, to show the wide shot again. the white house. you see across the river. as the sun sets there. i remember standing in that park on 9/11 and watching the smoke. you see the top right of your screen. i remember we were evacuated from the white house on 9/11 and watching the smoke come up from the pentagon in what would be the top right of your screen there. the president in his speech today talked about the war is over. a decade of war is ending. >> yes. >> he is making a bet that america cannot retreat from the world but, heck, can have a different engagement with the world. that both changes foreign policy but it also potentially frees up resources in domestic policy. >> he can use that as a springboard to say now that we have the opportunity, we must seize the moment. he's got this whole -- his wife
plunged. >> economy on the brink of a passage of a stimulus bill and bailouts for banks and automakers. >> the typical president has, i think, two or three big problems. we've got seven or eight big problems. >> as he staked his presidency on the passage of health care. >> i'm not the first president to take up this cause, but i am determined to be the last. >> a year-long partisan battle. >> you lie! >> ultimately led to sweeping reform. as the next challenge swells in the south -- >> we're watching the oil spill in the gulf of mexico tonight. >> the president fended off criticism that he wasn't acting fast enough. >> we talk to these folks because they, potentially, have the best answers. >> he made history with supreme court nominations and with the country engaged in two wars, president obama took action. >> it is in our vital national interest to send an additional 30,000 u.s. troops to afghanistan. >> he fired a runaway general and fulfilled a campaign promise. >> tonight i am announcing that the american combat mission in iraq has ended. >> but back at home, the mid-term electio
. republicans support the bill and say it will help the state economy, and also send a message to the federal government, but democrats worry it could be unconstitutional and result in a lawsuit, like it has in other states, with similar laws. michigan's gop governor rick snyder told them they should focus on the economy and mental health issues instead. joining me from lansing, michigan, republican senator mick jones, welcome. >> good morning. >> good morning and thank you for being here. no federal gun laws have even been passed so pardon the pun, aren't you kind of jumping the gun? >> not really. you know, there's much talk about blocking all semiautomatic guns and michigan has a rich hunting heritage, we hunt deer with semiautomatic rifles, we hunt ducks, rabbits and turkeys with semiautomatic shotguns and we believe -- >> ar-15 s though? come on. >> ar-15 hunt things like coyotes. >> but they're not normally used. >> you know, many people use them to defend their selves, their homes and you know as a former sheriff, as a police officer for 31 years, i can tell you that guns are not evil
, the economy, healthcare, reducing the deficit, or addressing climate change. he is respected by leaders of the government, and if you add it all up, i think he is spent most of the last four years leading interagency meetings, hearing people out, listening to them, forging consensus, and making sure policies are implemented and everybody is held accountable. he always holds himself accountable first and foremost. it is no easy task, but through it all denis mcdonough does it with class, integrity and thoughtfulness for other people's point of views. he is the consummate public servant, he plays it straight and that is the kind of teamwork that i want in the white house. time and again i have relied on dennis to help in the outreach to our immigrant and faith communities. he understands that in the end our policies and programs are measured in the concrete differences that they make in the lives of fellow human beings and the values that we advance as americans. he insists on knowing for himself the real world impact of the decisions that we make, so away from the cameras without fanfare
ago before the economy went down. the vast majority, a staggering, 80%, come from mexico and latin america. in 2012 last year more than half of all those facing deportation were convicted criminals. four minutes past. martha: this is awful story this weekend. this it horrific scene in brazil. a fire ripped through a crowded nightclub killing more than 230 people is the latest count on this. hundreds of people were hurt in addition to that. this is amateur video from inside the club. witnesses decribed a panicked rush for the exits. some of them confusing. one exit which turned out to be an bathroom for an exit to the building. it is awful, awful story sadly we've seen in this country before. steve harrigan joins us in our miami bureau with more on this good morning he have too. what do they think happened here? >> reporter: martha, a number of factors went wrong in this tragedy, some of the same factors we've seen in similar incidents over the past few years. this was a small brazilian nightclub build to hold 1,000 people but more than 2,000 people were jammed in there. the nightcl
're concerned about their economy, but iran is definitely up there front and center, and the meeting between the u.n. nuclear watch dog and iran has been pushed back by a day. it will be on february 13th, perhaps another stall tactic. will netanyahu become more aggressive toward iran and could we expect to see more unilateral decisions with respect to iran? >> i believe prime minister netanyahu is dedicated and committed to stopping iran from acquiring a nuclear weapon. and time indeed is running out. we believe that by the summer it may be too late. so what we're looking at is actually the spring, maybe, june at the latest, when a decision will have to be made. we still hope that the diplomacy will play its role. we still hope that sanctions will work. but if they don't, i believe that prime minister netanyahu will make sure and will keep his word that he will not allow iran to become nuclear. he will not be willing to be the prime minister during the second holocaust of israel. he is very committed to that. but in order to do that he would need a very strong coalition, very, very strong re
country and the world. we're not going to be able to cope with an economy that's m manic and overspending if we can't focus and get our feet on the ground. the and these are-- >> we say outrage, doc, but it seems like it's not as much as people were outraged by this, they enjoy taking the social media and talking, making fun of manti te'o. does it give other people some semblancy of normalcy to say this guy, a big star, he failed. my life doesn't look so bad. >> well, i think it's that, clayton, i do. i think that there is this voyeurism and a desire to say, his life is so, so bad and difficult and inexplicable. but what that mistakes, is that we ought to look in the mirror and say, wait a second, if i've got a twitter account and i think i merit followers, that's also a bit dilutional, isn't it. if i'm calling friends in the hundreds or thousands, because i say i've got a facebook account with a thousand friend, isn't that a close cousin or a distant cousin of manti te'o. we're in danger of this, manti te'o could have said i don't care if she ever existed. i loved her, grieved her death
this evening. savannah? >> al, thanks. >>> there are signs this morning that the economy is thawing out in a big way. the stock market is on a tear, back to prerecession levels and unemployment is at a five-year low. jim cramer is the host of cnbc's "mad money." good to see you, especially under good conditions. >> it's great. >> we've been here before, see it go up under a housing bubble, a tech bubble. how do you know it's firm here? >> i like markets based on employment going higher. i don't think it's any coincidence we have unemployment at a five-year low and stocks are at a five-year high. it's sustainable. job fwroeth growth is sustainab >> we are seeing job growth but not enough to get the unemployment rate down. what signs are you seeing that employers will start hiring now? >> this market was brought down by housing and it's going up by housing. we were building half the number of homes we're building right now. that's terrific, it employs a huge amount of people. >> companies are posting profits, have good times on wall street. how have they become more efficient, getting mor
Search Results 0 to 49 of about 100 (some duplicates have been removed)